PHARMANIAGA Bhd will supply and distribute an additional six million doses of Sinovac COVID-19 vaccine to the Health Ministry (MOH) upon receiving the letter of acceptance (LOA) issued by the ministry.
This is an addition to the two million doses of Sinovac COVID-19 ordered by MOH on July 26. The LOA was signed by Health Minister Datuk Seri Dr Adham Baba who represented MOH, while Pharmaniaga was represented by its group managing director Datuk Zulkarnain Md Eusope.
On July 16, Pharmaniaga successfully completed its obligation to supply 12.4 million doses of Sinovac COVID-19 vaccine to the Federal Government, four-and-a-half-month ahead of the contract schedule.
This LOA will increase the total accumulated supply of Sinovac COVID-19 vaccine for National COVID-19 Immunisation Programme (NIP) to 20.4 million doses.
The additional six million doses are combination of both fill and finish vaccine manufactured by the company’s high-tech plant Pharmaniaga LifeScience Sdn Bhd (PLS) and finished vaccine imported from China, according to Zulkarnain.
The LOA obliges Pharmaniaga to start supplying the vaccines immediately and to be fulfilled by end-August 2021.
“We are honoured and grateful for the trust given by the Government to continue our supply and distribution of Sinovac COVID-19 vaccine in order to help maintain the current high vaccination rate momentum,” commented Zulkarnain.
“Pharmaniaga’s capability to supply large quantities of vaccine in the shortest time was further proven by the completion of two million additional order made at end-July 2021. We are working hard to ensure the new order of six million doses will be fulfilled on time.”
With the recent increase in capacity of PLS plant to produce four million doses a month as well as enlarged capacity by Sinovac plant in China, Zulkarnain added Pharmaniaga is able to ensure an effective provision and distribution of the additional supply of Sinovac COVID-19 vaccine to MOH without disrupting its existing vaccine supplies to the state governments and private sector.
At 4.12pm, Pharmaniaga was up 3 sen or 3.47% to 89.5 sen with 10.86 million shares traded, thus valuing the company at RM1.17 bil. – Aug 12, 2021
